Dollarize Argentina Now!

Argentina is once again wrestling with its long-time enemy – inflation. Now, it appears history may soon repeat itself, as Argentina teeters on the verge of another currency crisis. As of Tuesday morning, the black-market ARD/USD exchange rate hit 9.87, meaning the peso’s value now sits 47.3% below the official exchange rate.

If you note, he is also proposing a free banking system in Argentina with no central bank! Most Cato Insti guys are against central banks and propose free banking where banks figure things by themselves..